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6 Essential Procurement Training Courses for Professionals: How To Begin and Advance Your Career in Procurement

SCMDOJO

In today’s fast-paced and competitive business landscape, organizations across industries are realizing the immense value of effective procurement practices. Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. But how do you get started? Do not worry!

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Holding Ourselves Accountable for Business Results

Supply Chain Shaman

of revenue on IT solutions and expensive solutions to improve performance, yet degrade balance sheet results against peer group sectors in tough markets? Let’s start with honesty and a focus on process innovation. The Focus Inside-out Supported by Functional Metrics. How could the industry spend 1.7%

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How to Create Collaborative Innovation with Suppliers!

Supply Chain Game Changer

The complexity of global supply chains – especially in organizations like GM – require hands-on relationship management of suppliers to ensure that supplier collaboration will lead to added value, and innovation. Resources spent/gains made on the road to innovation are, therefore, sustained exclusively by the internal entity.

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Overcoming The Barriers to Use Channel Data

Supply Chain Shaman

However, two decades later, there is still no technology solution to enable demand visibility or help companies use channel data to translate demand into an inventory, replenishment, or manufacturing strategy. End-to-End Definition Implementation of enterprise data architectures to improve order-to-cash and procure-to-pay.

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Are You Putting Lipstick on a Pig? Or Creating New Value?

Supply Chain Shaman

We also see that manufacturing companies with a strong dependency on BPO are less agile and rate themselves lower on innovation. Software maintenance costs are rising for the CIO. In parallel, the traditional software vendors are struggling with the Innovators Dilemma. Avoid buying software from a consulting company.

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Supplier Performance Management – The Ultimate Guide

SCMDOJO

The biggest challenge is that simply offering metrics, even those that appear to be the “right” metrics, usually doesn’t produce any results. The questions that are most often asked are: What metrics should I use? What metrics do others (in my industry) use? Where do I begin?

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Achieving Healthcare Transformation, Powered by Supply Chain

ivalua

According to 2019 Definitive Healthcare data, U.S. Buying supplies, equipment, low preference items and the latest innovations to support high-value care delivery is expensive and while it’s not an area where you want to skimp, there are certainly ways to reduce these expenses without impacting quality of care. Share on Twitter.